China Third-Quarter GDP Slows

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING-China's economy grew at a slower pace in the third quarter, suggesting that the government's targeted easing measures to boost economic growth have not yielded expected results, official data showed Tuesday. China's gross domestic product rose 7.3% from a year ...

China Growth Slows to 7.3% -- Update

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Richard Silk BEIJING--China's economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results Tuesday marked a drop from the second ...

Australian Central Bank Eyes Home Loans

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By James Glynn SYDNEY--Australia's central bank stressed the importance of maintaining rigorous standards on loans to property investors, reflecting its rising concern that speculators are dominating the housing market. Minutes of the reserve bank's Oct. 7 policy meeting showed its ...

China 3rd Quarter GDP Growth Slows

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's economy grew at a slower pace in the third quarter, suggesting that the government's targeted easing measures to boost economic growth have not yielded expected results, official data showed Tuesday. China's gross domestic product rose 7.3% from a year ...

Asian Shares Mixed After China Growth Data

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

Asian shares were mixed Tuesday after China's economy grew at a slower pace in the third quarter, albeit a touch faster than expected. The Hang Seng Index was up 0.4% to 23161.64, after data showed China's gross domestic product rose ...

China Growth Slows to 7.3% -- Update

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results on Tuesday make it increasingly likely that China will miss ...

China September Industrial Output Growth Picks Up

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's industrial output growth in September accelerated and rebounded from a near-six-year low in August, driven by government's recent targeted easing measures, official data showed on Tuesday. Value-added industrial output in China rose 8.0% in September from a year earlier, ...

Australian Central Bank Eyes Home Loans

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

SYDNEY--Australia's central bank stressed the importance of maintaining rigorous standards on loans to property investors, reflecting its rising concern that speculators are dominating the housing market. Minutes of the reserve bank's Oct. 7 policy meeting showed its board had discussed ...

China September Crude Steel Output 67.54 Million Tons - Government

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Chuin-Wei Yap BEIJING--China's crude steel output in September totaled 67.54 million metric tons, the National Bureau of Statistics said Tuesday. The government said the volume was unchanged from a year earlier, though historical statistics show the volume rose 3.2% ...

China Growth Slows to 7.3% -- Update

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results on Tuesday make it increasingly likely that China will miss ...

Asian Shares Await China Growth Data

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Chao Deng Asian shares were mixed Tuesday ahead of a reading on China's economic growth, which is expected to show further signs of softening in the world's second largest economy. Stocks in Japan were down 0.2% as the dollar ...

China September Industrial Output Growth Picks Up

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's industrial output growth in September accelerated and rebounded from a near-six-year low in August, driven by government's recent targeted easing measures, official data showed on Tuesday. Value-added industrial output in China rose 8.0% in September from a year earlier, ...

Asian Shares: Hang Seng Rises on China Growth Data -- Update

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Chao Deng Asian shares were mixed Tuesday after China's economy grew at a slower pace in the third quarter, albeit a touch faster than expected. The Hang Seng Index was up 0.4% to 23161.64, after data showed China's gross ...

Australia's Transfield Rejects Bid From Ferrovial

TODAY: Oct. 21, 2014 PUB DATE: Oct. 20, 2014

SYDNEY--Transfield Services Ltd. (TSE.AU), an Australian provider of project-management-and-maintenance services, said Monday it had received a 1 billion Australian dollar (US$785 million) takeover bid from Spain's Ferrovial SA (FER.MC). Transfield rejected the offer as too low, but granted Ferrovial the ...

CLP Holdings Jan-Sep Hong Kong Electricity Sales Up 4.3%

TODAY: Oct. 21, 2014 PUB DATE: Oct. 20, 2014

By Chester Yung HONG KONG--CLP Holdings Ltd. (0002.HK), the larger of Hong Kong's two power suppliers by revenue, said Monday its electricity sales in the city rose 4.3% from a year earlier to 25,590 gigawatt hours in the January-September period. ...

MARKET SNAPSHOT: U.S. Stocks: Futures Fall As IBM Slides

TODAY: Oct. 21, 2014 PUB DATE: Oct. 20, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures fell into the red on Monday, as Dow industrials heavyweight IBM dropped sharply in premarket trading on downbeat results. European stocks fell after major software maker SAP cut its earnings ...

New Libor Administration Plan Detailed

TODAY: Oct. 21, 2014 PUB DATE: Oct. 20, 2014

By Max Colchester Ice Benchmark Administration Ltd. Monday proposed a package of new measures to make the London interbank offered rate more accurate and less susceptible to manipulation. Libor, a benchmark which shows interbank borrowing rates and serves as the ...

BOE Partially Suspends Payments System

TODAY: Oct. 21, 2014 PUB DATE: Oct. 20, 2014

The Bank of England said Monday it has partially suspended the use of a key payments system following a technical problem. The bank's Real-Time Gross Settlement system, which settles all the main sterling interbank payments systems including electronic funds transfer ...